Glad to see your video on my feed. I still watch a few other KZitemrs.. I've followed trades of a couple KZitemrs and I'm down so much…210k to 80k. It got addictive. My resolve is the lot are amateurs.
@simone_maya
11 ай бұрын
You are not investing, man. Sorry. You are gambling.
@westgibbs
11 ай бұрын
Before you make an investment decision, consult a fee only advisere, taking advice verbatim from youtube is like going to the intern to take lessons passed on from the professional.
@BenRovello
11 ай бұрын
how can one get a fee-only planner?
@westgibbs
11 ай бұрын
You can find them online, make sure theyre registered, have a fduciary responsibility with no disclosures, I work with MONICA MARY STRIGLE.
@benalfredo
11 ай бұрын
Be careful not to be lured into the market too soon i rather be buying low in periods of instability than chasing when market starts to rally, this current situation has opened my eyes to the importance of a good mentor knowing what they doing.
@BrokerBarbara119
11 ай бұрын
I'm using XSP with a small account and having a great time! Good Job!
@tonybattista6335
11 ай бұрын
Perfect, making it your own.
@86753091974
11 ай бұрын
Don't the spreads suck??
@marklinda
11 ай бұрын
I'm very thankful for your assistance with these trades. I learn so much with "real" trades as opposed to paper trading.
@tonybattista6335
11 ай бұрын
Couldnt agree more. Just go small to start with
@loubob21
11 ай бұрын
Wish you would show the graph screen of these trades
@akshay9602
11 ай бұрын
They never show it. Dont know why......
@silverm3170
11 ай бұрын
Thanks for the video Tony. It would be helpful to see the risk profile to visualize what’s going on.
@RobertBullock
11 ай бұрын
If you do both trades, does the platform recompute BP? Can't lose on both.
@tonybattista6335
11 ай бұрын
That is correct. It does
@StuartXu-lm8jp
11 ай бұрын
Hi, I have the December spx 4500-4530-4620 BWB setting. Now the spx is around 4540. Should I take loss and close the setting or roll the 4530-4620 spread to next month? What’s your advice? Thanks.
@davesokolowski1900
11 ай бұрын
Hey Tony like your content. I opened an account after watching both you and the White Board series. Wondering if you ever do unbalanced butterfly. Been watching 1/3/2 do pretty well. How about it?
@RussAbbott1
11 ай бұрын
I always enjoy what you do on these trades. Thanks. (I already have a Tasty account.)
@dmitrikristensson1809
11 ай бұрын
Very interesting! Thank you!
@gordonburger419
4 ай бұрын
Very much appreciate the trade education. I listened to your ratio spread idea but didn’t understand the why, perhaps some additional discussion of the why for the trade versus say IC if neutral or Debit spread for directional. Is that you try to get paid (credit spreads) as part of the reasoning?
@cacanyonhopper
11 ай бұрын
nice explainations Tony!
@thefactor4779
11 ай бұрын
What do you think about using a trade like this in xsp for a small account? Does it translate pretty directly?
@tonybattista6335
11 ай бұрын
Yes it would but the credit would be very small.
@chillin363
7 ай бұрын
Wish you would show the picture of tent-leg by leg.
@StephenVermeulen
11 ай бұрын
I like the iron condors in the 4-6 week range on SPX but this double BWB approach sounds quite interesting.
@tonybattista6335
11 ай бұрын
Food for thought.
@SublimeJR7
11 ай бұрын
Thanks for these videos Tony. The content and education you guys provide is unmatched. I'll be switching over to tasty shortly. You guys are awesome
@tonybattista6335
11 ай бұрын
Appreciate the kind words!
@ChrisDIY.Project.SPXtraderIT
11 ай бұрын
Tony, I prying Spx goes to 4380.00 or higher in next 8 days and then let the market burn back down for whatever reason just to clean up some some short delta position for the year . Kind of Crazy and interesting that you are doing the A.M time slot here. Have you ever pin a BWB to max value ? You got my respect Big Dawg , I am rooting for you ....
@tonybattista6335
11 ай бұрын
Over the years? Sure butters pin but under 5% do.
@SnappingTrtl
11 ай бұрын
These are great. Keep em coming!
@nan6098
10 ай бұрын
So how did you manage this trade? It is now 4550.
@tonybattista6335
10 ай бұрын
Took 300$ to 400$ profit per spread profit on 11/9
@jerryjoynson
11 ай бұрын
I love listening to your trade suggestions. I can see these videos are recorded on the fly at your desk, and you won't have the resources to do much more than you have. However, I do struggle to visualise the entirety of the position. I recall many explanations by 'Mike and his Whiteboard' where one can quickly 'see' the position that is being discussed. Is there any way at all you could capture the essence of what Mike used to do? Perhaps use a simple sketch pad on your computer desktop and draw on the numerous legs on a horizontal line, and for example using the above and below the line concept to represent being long and short, of each of the puts and calls perhaps?
@tonybattista6335
11 ай бұрын
I'm only human! Mike is good!!!
@tricksterinator
5 ай бұрын
@@tonybattista6335 You don't have to be good. Just show the risk graph. It's a click away, you could save a thousand words, and make 8.7K people happy.
@davidc5657
11 ай бұрын
Good stuff! Batter up!
@bradstone9411
11 ай бұрын
new trader here, love these vids this stuff is above my head. but after learning for two years starting to understand what your doing 😂 would love to trade like this in my IRA I'll get ther one day
@tonybattista6335
11 ай бұрын
All it takes is time. Been a 40 year journey for me.
@YentyDjap
11 ай бұрын
thank you
@aaronformella2869
11 ай бұрын
This is a very interesting trade, thanks for sharing. Maybe it could be dubbed the "Spider" since it's got 8 legs? How's it looking now with this breakout on CPI? Also, since so many legs, what other adjustments might you make besides rolling up the untested side? Thank you
@viviaci
11 ай бұрын
How did you determine the strikes? Specifically the short strikes...
@tonybattista6335
11 ай бұрын
Typically the short strike at a 1SD 15 delta or 30% chance of a touch
@viviaci
11 ай бұрын
Awesome! Thanks Tony. Appreciate all you.@@tonybattista6335
@kimyoungerman548
11 ай бұрын
How do you manage when it goes against you. With the rip your face off rally in the last few days, what steps do you take and when? Thanks
@tonybattista6335
11 ай бұрын
Its been a .50 profit and about .75 loss since I placed the trade. Presently a .50 profit. You roll up the untested side - that is how you adjust. Nothing to do right now.
@chandkatyal7983
11 ай бұрын
How come you had -delta for call butterfly and +delta for put butterfly
@tonybattista6335
11 ай бұрын
They are "Broken winged butterfly's" not butterfly's
@gbinman
11 ай бұрын
thanks Bat
@actjustlylovemercywalkhumb4570
24 күн бұрын
would you pls show us the screen shot of your trade? thanks
@guttybruin
11 ай бұрын
Why not just sell an Iron Condor? What’s the benefit or mindset with this trade? Thanks!
@histaury
11 ай бұрын
I agree, it will good to hear a comparison between the bat wing strategy vs. iron condors.
@tonybattista6335
11 ай бұрын
@@histaury An iron condor can only make the credit received - A broken winged butterfly can make over 5K in this example
@tonybattista6335
11 ай бұрын
An iron condor can only make the credit received - A broken winged butterfly can make over 5K in this example
@histaury
11 ай бұрын
@@tonybattista6335 Thanks for the reply. Is there an advantage one over the other if the trade is going against you.
@RobOToole1
11 ай бұрын
the bwb™ is my favorite strategy!
@tonybattista6335
11 ай бұрын
lol
@Chuck1262
11 ай бұрын
Like it!!
@РусланДрачук-х7о
11 ай бұрын
good
@Deltaopcoes
11 ай бұрын
Thony,the best🎉🎉
@theMillerCode
11 ай бұрын
Do you call this trade, atlas or Mr universe... WOW! This trade needs its own segment ! 😂
@tonybattista6335
11 ай бұрын
lol
@norbertkoke
11 ай бұрын
Hi Tony… Your Traffic Enforcement Officers there don’t do business with people who complete the application but don’t have a Valid Driver’s License. They’re neither cute nor funny.
@warever37
Сағат бұрын
Without showing the risk graph, this is kind of useless.
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